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Jan 18, 2013
01/13
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dan mitchell studies state pension problems with the cato institute and kevin james is running to be mayor. how bad is it? people want to be responsible i think. >> i am not sure. politicians want to be reelected and state government workers want to get as much as they can before the house of cards comes down. there are too many people writing in the wagon netted of people pulling now they raise taxes cc the productive people leaving the state more people living off the government sooner or later nobody is there to pay the bills. john: but california has a higher cost of living. >> even with that this does not justify the difference of the $50,000 average for 70,000. california prices itself out of the market. john: and calpers assumed the 8% rates of return. now they just lower it down at seven point* 5% like that is responsible. why do they think they can make that rate of return? >> tonight i will party with the victoria secret supermodel. it would happen if calpers will not meet those targets that means the unfunded liability which is a huge will become enormous they cannot pay t
dan mitchell studies state pension problems with the cato institute and kevin james is running to be mayor. how bad is it? people want to be responsible i think. >> i am not sure. politicians want to be reelected and state government workers want to get as much as they can before the house of cards comes down. there are too many people writing in the wagon netted of people pulling now they raise taxes cc the productive people leaving the state more people living off the government sooner...
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Jan 18, 2013
01/13
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dan mitchell studies state pension problems with the cato institute and kevin james is running to be mayor. how bad is it? people want to be responsible i think. >> i am not sure. politicians want to be reelected and state government workers want to get as much as they can before the house of cards comes down. there are too many people writing in the wagon netted of people pulling now they raise taxes cc the productive people leaving the state more people living off the government sooner or later nobody is there to pay the bills. john: but california has a higher cost of living. even with that this does not justify the difference of the $50,000 average for 70,000. california prices itself out of the market. john: and calpers assumed the 8% rates of return. now they just lower it down at seven point* 5% like that is responsible. why do they think they can make that rate of return? >> tonight i will party with the victoria secret supermodel. it would happen if calpers will not meet those targets that means the unfunded liability which is a huge will become enormous they cannot pay thei
dan mitchell studies state pension problems with the cato institute and kevin james is running to be mayor. how bad is it? people want to be responsible i think. >> i am not sure. politicians want to be reelected and state government workers want to get as much as they can before the house of cards comes down. there are too many people writing in the wagon netted of people pulling now they raise taxes cc the productive people leaving the state more people living off the government sooner...
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Jan 14, 2013
01/13
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what went up on news we foreshadowed first on fox business that dan lobe had a major investment in it. now what we have is two sort of interesting events that don't really, you know, add or detract from what ackman is saying, that is the company is a pyramid scheme. it will run out, in a pyramid scheme you make money by more distribution, not by selling products. distributors pay you a fee. at some point the distributors run out. these two events don't necessarily detract from that argument that it is a pyramid scheme. but they provide a lift. one argument they will preannounce earnings that will be pretty good at decent analyst expectations or maybe beating them a bit. number two, right after they do that, they will do that this week apparently there will be a stock buyback. those are two headlines you see herbalife up on. they don't detract from ackman is saying. ackman is about to come out with his questions. he wants --. melissa: he is not being baing down at all? >> if you know anything about bill ackman, i know the herbalife people are gearing up for this, he will keep attacking
what went up on news we foreshadowed first on fox business that dan lobe had a major investment in it. now what we have is two sort of interesting events that don't really, you know, add or detract from what ackman is saying, that is the company is a pyramid scheme. it will run out, in a pyramid scheme you make money by more distribution, not by selling products. distributors pay you a fee. at some point the distributors run out. these two events don't necessarily detract from that argument...
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Jan 15, 2013
01/13
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he could say to the epa guns have lead in the bullets' dan led when it gets in the earth requires to dig up the around the lead so let's reimburse ourselves to the cost, let's impose costs on the manufacturers of those bullets for cleaning up the earth. pass that along to the purchaser. that would double low-cost of bullets. stuart: i believe president truman desegregated the army, the armed forces by executive order. is that legit? judge napolitano: absolutely. that should have been done after the fourteenth amendment. president truman also sees the steel mills by executive order and that was not constitutional and court stopped him. stuart: when you believe the president is exercising too much executive authority? generally speaking, not just with respect to guns that generally speaking? do you think he is? judge napolitano: this president? yes. this president love to go around congress and boast that he is doing so. some executive orders are great like desegregating the military. some are entirely out of line like going around congress. stuart: judge andrew napolitano, thank you v
he could say to the epa guns have lead in the bullets' dan led when it gets in the earth requires to dig up the around the lead so let's reimburse ourselves to the cost, let's impose costs on the manufacturers of those bullets for cleaning up the earth. pass that along to the purchaser. that would double low-cost of bullets. stuart: i believe president truman desegregated the army, the armed forces by executive order. is that legit? judge napolitano: absolutely. that should have been done after...
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Jan 16, 2013
01/13
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lori: all right, dan springer. the latest after years of delays and billions of dollars in cost for the 787, but it is important to know boeing is the largest airline maker ahead of airbus. tracy: but they will not make money on it for four to six years. lori: that is the latest, we will keep you posted on any new developments. tracy: maybe the financial stocks can pull us out of this malaise. blockbuster earnings from the biggest tanks. jpmorgan slashed. the ceo getting half of what he made just a year ago. keep in mind he still makes more than most of us will in our lifetime. lori: not too worried about jamie dimon, that is for sure. a man charged with stealing $400,000 in copy toner. and they loo look at some of ths and losers in an otherwise downmarket. the dow 30 component stocks mostly lower today although there are several positive performers. we are back after this. [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals, not their short-term agenda. [ male
lori: all right, dan springer. the latest after years of delays and billions of dollars in cost for the 787, but it is important to know boeing is the largest airline maker ahead of airbus. tracy: but they will not make money on it for four to six years. lori: that is the latest, we will keep you posted on any new developments. tracy: maybe the financial stocks can pull us out of this malaise. blockbuster earnings from the biggest tanks. jpmorgan slashed. the ceo getting half of what he made...
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Jan 16, 2013
01/13
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dennis: thank you, dan springer. a quarter until. nicole is live at the new york stock exchange with a look at apple. nicole: i want to take a look at apple and a lot of things. apple has been a key factor today moving back above the 500 mark. i also want to take a look at facebook and yelp as well. we got our news yesterday that we have been waiting on for about one week with all that anticipation and we saw facebook selloff on the news today down one and a quarter percent on their new graph search allowing users to sort through everything from people and places and similar lakes, local restaurants and that weighs on a name like p. 11. take a look at what yelp is doing at this moment. when we look at a one-year chart, down four and .5% right now, it is down over 11% in just these three trading days. it does not hold well for a company like yelp. that is the latest. back to you. cheryl: we will see you at the top of the hour. our next guest says after months of waiting and writing up a storm in washington, they're putting the cash th
dennis: thank you, dan springer. a quarter until. nicole is live at the new york stock exchange with a look at apple. nicole: i want to take a look at apple and a lot of things. apple has been a key factor today moving back above the 500 mark. i also want to take a look at facebook and yelp as well. we got our news yesterday that we have been waiting on for about one week with all that anticipation and we saw facebook selloff on the news today down one and a quarter percent on their new graph...